Careers at RCS

RESPONSIBILITIES

• Hire and manage 3^rd party relationships for the property (i.e., leasing and property management)
• Review and approve all 3^rd party vendor contracts
• Analyze, negotiate and approve all prospective new and renewal leases
• Establish long and short-term goals for each property to maximize investment returns
• Track the properties’ occupancy, cash flow, expenses and pending capital items to maximize overall performance of each property
• Perform periodic property site inspections to ensure property performance and high standards of property management and maintenance
• Help to coordinate the financing and refinancing processes for the portfolio and work with lenders on an on-going basis to answer questions and get necessary approvals (e.g., on leasing, capital expenditures and loan draws)
• Work with Accounting Manager to ensure that all appropriate loan draw requests are made to lenders in a timely manner
• Review cash flow and variance reports on a monthly basis, and report any positive/negative trends to Ownership on a quarterly basis
• Prepare quarterly update reports for outside investors
• Work with financial analyst(s) to reforecast each property’s returns for investors on a semi-annual basis
• Work with property managers, leasing agents and accountants to create annual budgets for each property
• Prepare/update annual strategic/business plans for each property
• Assist the Acquisitions Team with underwriting and vetting of key assumptions (e.g., lease rates, absorption velocity, tenant improvement funds, and CapX needs) on properties that will transition into your portfolio
• Manage the asset sale process when necessary for buildings in your portfolio (obtain Broker Opinions of Value, analyze the results and work with the financial analysts to perform a “buy/hold” analysis; select a listing broker and manage and facilitate the sales process along with in-house counsel)

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ASSET MANAGER COMMERCIAL

Type: Full Time